Darden Restaurants stock falls as Olive Garden reports slower growth

Darden Restaurants reported fiscal first-quarter results that fell short of Wall Street projections, prompting an initial decline in share value. The stock dropped as much as 5% in premarket trading before recovering to approximately 2% losses in morning trading as company executives provided reassurance during the earnings conference call.
For the quarter ended August 30, Darden posted net income of $233.4 million, or $2.04 per share, compared with $257.8 million, or $2.19 per share in the pri